OLB Group prices $1.3 million stock offering at $0.60 per share

OLB Group Inc. (NASDAQ: OLB) announced it entered into a securities purchase agreement to sell 2,166,666 shares of common stock at $0.60 per share, raising approximately $1.3 million before fees and expenses.

The fintech company will also issue warrants to purchase up to 2,166,666 shares of common stock in a concurrent private placement. The warrants carry an exercise price of $0.78 per share and become exercisable six months after issuance with a five-year term.

The offering is expected to close on or around January 26, 2026, subject to customary closing conditions. D. Boral Capital LLC serves as the exclusive placement agent.

The common stock offering is conducted under a shelf registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission on July 2, 2024. The warrants are being offered through a private placement under Section 4(a)(2) of the Securities Act of 1933 and have not been registered under federal securities laws.

OLB Group operates as a diversified fintech company providing payment processing solutions, digital asset technology, and commerce platforms through its SecurePay payment gateway and related services.

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